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That's the way you do it.
Goldman is selling preferred shares in return for capital from Buffett.
But Paulson (ex Goldman) considers it too messy for the US Treasury do so with other firms?
You have to think that Hank would have just given the cash to Goldman if Buffett hadn't first demonstrated how capitalism is supposed to work.
Goldman is selling preferred shares in return for capital from Buffett.
But Paulson (ex Goldman) considers it too messy for the US Treasury do so with other firms?
You have to think that Hank would have just given the cash to Goldman if Buffett hadn't first demonstrated how capitalism is supposed to work.